Punjab National Bank (PNB) has been levied a monetary penalty of ₹3,35,000 (plus applicable GST) by NSE Limited.
The penalty was imposed for the non-closure of Vulnerability Assessment and Penetration Testing (VAPT) vulnerabilities for the Financial Year 2024-2025.
This action is in accordance with SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/24 dated 6th February, 2023, and Exchange Notice no. 63908 dated 12th September, 2024.
PNB received the order on 10th June, 2025.
The financial impact on the bank is limited to the extent of the penalty amount.
The bank has initiated a review process with NSE Limited regarding the imposed penalty.